TYBS News and Press, Direxion Daily 20+ Year Treasury Bear 1X Shares Direxion Shares ETF Trust From 02/27/20

By Owain Johnson The U.S. Federal Reserve plans to gradually reduce its “repo operations” over the next few months in response to calmer prevailing market conditions. The cash infusions have been the major supplier of liquidity to the U.S. repo markets. The Fed ann...

By OpenMarkets The Federal Reserve has maintained a 2% inflation target for several years. It is the level that allows the U.S. economy to stay on a healthy economic path, according to the Fed. However, the economy has struggled to meet the target rate in recent years, often se...

By Gregor Spilker At last, gold bugs have something to celebrate. In February, the yellow metal broke through $1,650, a level not seen since 2013, when gold entered a prolonged bear market. What is driving the gold price higher and how may market fundamentals influence its price in t...

Yes, I know that that is CPI inflation, and the PCE inflation rate (1.74%) has undershot the Fed's 2.0% over the past 4 years. That's not my point. Rather, I'd like to revisit some criticism I got in the comment section over the past 4 years, when I began to argue that TIPS spreads seemed sl...

Investment thesis: The Treasury market is still consolidating gains just shy of recent peaks, indicating there is still a decent safety bid in the market. With the coronavirus still a major risk, this won't change anytime soon. The rest of the fixed income complex continues to catch a bid as...

One of the pieces of pseudo-science that floats around in popular discussion of bonds is the belief that bond investors are deadly afraid of inflation. In particular, bonds "lose money" every time the Consumer Price Index rises - which is most months, in most developed countries. As far as I c...

By Kevin Flanagan The coronavirus fears continue to impact the fixed income markets. Here's our latest update. Looking at the U.S. Treasury ((UST)) market's reaction to the coronavirus news, there was one by-product we knew would capture the lion's share of the headlines: THE YIELD CURVE...

Long-dated paper may go on sale soon. So, what's going on with interest rates? Well, that depends on what interest rates you care about. Since the top of the year, short rates have snugged up a bit, but at the long end of the yield curve, rates have dropped precipitously. When you were nur...

Looking at a select set of recent economic releases suggests the US economy is humming along, providing room for the Federal Reserve to let current monetary policy glide forward on autopilot. But a closer look at key trends in the Treasury market and the monetary base - along with the economic...

By Jeff Weniger, CFA Here's your 2.03%. Take it or leave it. That's probably what the Bloomberg Barclays U.S. Aggregate Bond Index would say if it could talk. We think the classic "60/40" asset allocation-60% equities, 40% bonds-has a problem. Aggregate bonds returned 5% annually in ...